In the early hours of November 24, LTIMindtree saw an uptick of nearly 1 percent following the launch of a Quantum-Safe VPN link in collaboration with Quantum Xchange & Fortinet. The stock, as of 10:07 am, was trading at Rs 5440.10 on NSE.
On November 23, the tech consulting and digital solutions company officially announced the introduction of a Quantum-Safe virtual private network (VPN) link in London, aiming to ensure secure data transmission in the upcoming quantum era. The collaborative effort with Quantum Xchange and Fortinet was disclosed in an official filing.
The strategic move by LTIMindtree signifies a proactive stance in addressing evolving cybersecurity challenges, particularly in the face of quantum technology advancements. The Quantum-Safe VPN platform is intricately designed to fortify data security during transmission, reflecting LTIMindtree’s commitment to staying at the forefront of technological developments and safeguarding sensitive information from potential threats posed by quantum computing.
